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Practo lays off 150 in annual performance cycle

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07 April, 2017

Practo lays off 150 in annual performance cycle

Bangalore-based digital healthcare platform Practo has laid off about 150 employees as part of its annual performance appraisal cycle.“This is ......

Crowdfunding platform DesiredWings buys peer Catapooolt

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06 April, 2017

Crowdfunding platform DesiredWings buys peer Catapooolt

Reward-based crowdfunding platform DesiredWings.com has acquired crowdfunding and community engagement platform Catapooolt for an undisclosed amount.Following the acquisition, both the ......

Facebook selects Badiyajobs, Cutting Chai for FbStart programme

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06 April, 2017

Facebook selects Badiyajobs, Cutting Chai for FbStart programme

New Delhi-based recruitment startup Badiyajobs.com and Mumbai-based wireless technology startup Cutting Chai Technologies have been selected by social media giant ......

Flipkart raises $1.5 bn, inches closer to Snapdeal merger

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06 April, 2017

Flipkart raises $1.5 bn, inches closer to Snapdeal merger

Flipkart has already raised $1.5 billion from Tencent, Microsoft and eBay even as merger talks with Snapdeal are fast progressing, ......

Zomato curbs cash burn; food ordering biz leads revenue growth

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06 April, 2017

Zomato curbs cash burn; food ordering biz leads revenue growth

Zomato Media Pvt. Ltd reduced its cash burn substantially and grew its revenue rapidly in the year through March, as ......

AI startup CogniCor breaks into SixThirty's accelerator programme

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06 April, 2017

AI startup CogniCor breaks into SixThirty's accelerator programme

Barcelona-headquartered CogniCor Technologies Pvt. Ltd, which runs an artificial intelligence platform offering virtual assistant solutions, has become the first Indian ......

Business intelligence startup DataWeave raises Series A round

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06 April, 2017

Business intelligence startup DataWeave raises Series A round

Bangalore-based Data Weave Software Pvt. Ltd, which runs business intelligence startup DataWeave, has raised an undisclosed amount in Series A ......

Accel, Shunwei lead $3.8 mn round in gaming startup Mech Mocha

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06 April, 2017

Accel, Shunwei lead $3.8 mn round in gaming startup Mech Mocha

Bangalore-based mobile gaming company Mech Mocha Game Studios Pvt. Ltd has raised Rs 25.5 crore (around $3.8 million) in its ......

Bangalore court summons Snapdeal over non-payment of dues

TMT

06 April, 2017

Bangalore court summons Snapdeal over non-payment of dues

Jasper Infotech Pvt Ltd, which owns e-commerce major Snapdeal, and 11 executives from the firm, including co-founder Kunal Bahl, have ......

Former PIMCO Japan head to invest $4.6 mn in Indian startups

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05 April, 2017

Former PIMCO Japan head to invest $4.6 mn in Indian startups

Makoto Takano, former managing director of investment firm PIMCO Japan Ltd, has committed to invest about $4.6 million (Rs 30 ......

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